OSH7012: (Measuring Safety, Health and Wellbeing Performance) Write an essay evaluating the strengths, weaknesses and effectiveness of key leading and lagging indicators used by organisations

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OSH7012: Measuring Safety, Health and Wellbeing Performance

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Leading indicators are proactive, focusing on activities that prevent incidents (e.g., safety training hours), while lagging indicators are reactive, measuring outcomes after incidents occur (e.g., injury rates).

In your essay, begin by defining these concepts and explaining their significance in an organizational context. Then, dive into the strengths and weaknesses of each type. For instance, leading indicators are valuable because they can predict and prevent issues, but they can be challenging to quantify and may not always correlate directly with outcomes. On the other hand, lagging indicators are easier to measure and directly reflect past performance, but they only tell you what went wrong after the fact, limiting their preventative value.

Effectiveness should be your next focus. Discuss how well these indicators work in practice. Are leading indicators truly predictive? Do lagging indicators provide enough insight to drive meaningful change? Use relevant academic literature to support your analysis, referencing studies or models that illustrate the effectiveness (or lack thereof) of these indicators in real-world settings.

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